The opportunity this property offers is endless! Zoned as Residential / Limited commercial, you could have a business in the front, house in the back of what equals to 9.68 ACRES!! Large, mature oak trees surrounding a partially cleared amount of the space.
A great chance to start your own family compound as well. The 1 Bedroom 1 bathroom dwelling in the back of property that currently exists has septic, well and electricity already there. Featuring an outside patio area, fireplace, and sizable kitchen. Remodel the existing home to your liking or start from scratch, your choice. The home is not currently habitable however has a great layout for the right family.
Seller is willing to split the parcels and sell only the front 5 Acres or the full 9.68.
Sold for $560,000 on 09/30/24
$560,000
1035 Malabar Rd, Malabar, FL 32950
1beds
1,380sqft
Single Family Residence
Built in 1981
9.68 Acres Lot
$536,000 Zestimate®
$406/sqft
$1,547 Estimated rent
Home value
$536,000
$482,000 - $595,000
$1,547/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 02, 2025 at 07:20am
Listed by:
Clinton Luke 321-610-1069,
Denovo Realty
Bought with:
Marianne Brownfield, 3036308
Brownfield R. E. Group. Inc.
Source: Space Coast AOR,MLS#: 1023563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,380 sqft
Property
Parking
- Parking features: Unassigned
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9.68 Acres
- Features: Many Trees, Split Possible, Wetlands, Wooded
Details
- Additional parcels included: 2922490
- Parcel number: 2937020000254.00000.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Malabar
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $560,000-6.5%$406/sqft |
Source: Space Coast AOR #1023563 | ||
| 9/26/2024 | Listed for sale | $599,000$434/sqft |
Source: Space Coast AOR #1023563 | ||
| 9/20/2024 | Pending sale | $599,000$434/sqft |
Source: Space Coast AOR #1023563 | ||
| 8/30/2024 | Listed for sale | $599,000+2.4%$434/sqft |
Source: Space Coast AOR #1023563 | ||
| 7/23/2024 | Listing removed | -- |
Source: Space Coast AOR #1016470 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,268 -6.5% | $266,840 -28.9% |
| 2023 | $4,563 -13.1% | $375,400 +11% |
| 2022 | $5,252 +290.8% | $338,260 +166.1% |
Find assessor info on the county website
Neighborhood: 32950
Nearby schools
GreatSchools rating
- 3/10Port Malabar Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 3.7 mi
- 2/10Stone Magnet Middle SchoolGrades: 7-8Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Port Malabar
- Middle: Stone
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$536,000
2% more+ $10,720
With Zillow Showcase(estimated)
$546,720